[PDF] 2019 tax bracket calculator excel

  • How do you calculate income tax bracket in Excel?

    So here let us first see the income tax amount for rates up to 6 lakhs. Here, you can apply the =B3*5/100 formula in the cell B5. Here, B3 is the cell reference containing the value for which you want to calculate 5%. The formula multiplies that value by 5/100, which is equivalent to 5%, to get the result.
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